Marico shares surge on strong Q2 earnings and upgraded outlook

Marico's shares extended gains on the back of better-than-expected second-quarter results, with consolidated net profit climbing to ₹558 crore in the three months ended September 2026, up nearly 30% from the year-earlier period.

The Mumbai-based personal care and edible oils manufacturer attributed the strong showing to accelerating volume growth across its domestic operations, which remained the primary driver of profitability. The company's performance underscores a pickup in consumer spending on personal care and food products in India's retail channels.

Investors responded positively to Marico's revised guidance for the fiscal year, signaling confidence in sustained growth momentum. The upward revision prompted fresh buying interest in the stock, pushing it higher by 6% in trading sessions following the announcement.

The results come at a time when India's FMCG sector is witnessing renewed momentum after a period of tepid growth. Marico's performance suggests improving consumer sentiment and willingness to spend on branded personal care and food products, both key segments for the company.